Industrial-Flex Property For
820 Washington Blvd, Pittsburgh, PA 15206
For Sale
Contact for pricing
Pending
41,021 SF industrial-flex space on 4.2 acres available.
Property Size41,021 SF
Lot Size4.20 Acres
Days on Market246
Property Features for 820 Washington Blvd
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Lease Type
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Lee & Associates - Western Pennsylvania
Listed By:
Howard West · License PA RSR002660
(412) 528-1301
Source:
Crexi
Added: Mar 12
Changed: Nov 12
Last Checked: Nov 12 at 5:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Western Pennsylvania
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial-flex property offers 41,021 square feet of space on a 4.2-acre lot. The property is suitable for commercial real estate purposes.
Key Highlights
- 41,021 SF Industrial‑Flex Space available.
- Situated on a 4.2 AC property.
- Industrial‑Flex Property Type.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,613
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,812,260
$4.8M
Cap Rate 7%
$3,437,329
$3.4M
Cap Rate 9%
$2,673,478
$2.7M
Market Conditions
NOI Build-Up for 41,021 SF
Gross rent
$393.8K $9.60/SF
− Vacancy
−$23.6K −$0.58/SF
EGI
$370.2K $9.02/SF
− OpEx
−$129.6K −$3.16/SF
NOI
$240.6K $5.87/SF
Area
Pittsburgh, PA
Vacancy
6.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,812,260
Cap Rate 7%
$3,437,329
Cap Rate 9%
$2,673,478
Alternative Uses
Best Use
Flex RnD
$3.44M
$3.01M – $4.01M
NOI $240,613 @ 7.0% cap · market cap 6.09%
Second Best
Industrial
$3.31M
$2.90M – $3.86M
NOI $231,683 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$13.06M
$11.43M – $15.24M
NOI $914,502 @ 7.0% cap · market cap 23.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,107
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15206, PA
28,774
Population
17,004
Households
1.7
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
4.8 sq mi
ZIP Area
5,995
Density / Sq Mi
$69,906
Median Household Income
$49,009
Median Earnings
$1,284
Median Rent
$288,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Flex space in Pittsburgh
Vacancy Rate% for Industrial in Pittsburgh, PA
Similar Off Market Nearby
- black radish kitchen — 6901 Lynn Way unit 202, Pittsburgh, PA 15208
- Lifestyle Catering — Pittsburgh, PA 15235
- Confluence Catering — 717 N Homewood Ave, Pittsburgh, PA 15208
Frequently Asked Questions
What type of property is this?
Flex space - 41,021 SF industrial-flex space on 4.2 acres available.
Where is this flex space located?
The property is located at 820 Washington Blvd Pittsburgh, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 41,021 SF Industrial‑Flex Space available.; Situated on a 4.2 AC property.; Industrial‑Flex Property Type.
